HMRC website seeks to close tax knowledge gaps
HMRC has launched a new ‘Tax Confident’ website which it says will help people fill their tax knowledge gaps. The tax authority says the site is designed around real-life situations,…
Tax advisers must be qualified and reputable
It is vital that taxpayers and small businesses use reputable tax advisers with professional qualifications, warns the Chartered Institute of Taxation (CIOT). Currently, anyone in the UK can refer to…
HMRC takes £137 million in late payment interest
HMRC has taken in over £137 million from late payment interest so far for 2023/24, a freedom of information request from investment platform AJ Bell shows. The tax authority…
HMRC investigations doubles additional tax from large businesses
HMRC’s large business directorate has doubled the amount of tax revenue it collects, according to the National Audit Office (NAO). A hands-on approach to tax compliance for large businesses yielded…
Get tax affairs back on track if self assessment deadline was missed
The Low Incomes Tax Reform Group (LITRG) is urging the estimated one million taxpayers who failed to file their tax return on time to get their tax affairs back on…
HMRC urges young people to claim Child Trust Funds
HMRC is urging young people who have yet to claim their Child Trust Fund (CTF) to do so during National Apprenticeship Week. HMRC’s figures show 758,000 young people could be…
HMRC app usage surged in 2025
Use of the HMRC app surged last year as millions of users downloaded it for the first time, according to the tax authority’s figures. HMRC says the app was downloaded…
Autumn Budget 2025
The Government’s challenge in its second Budget was how to promote a fairer and more sustainable tax system to promote growth, support public services and help families. The overall price…
Countdown to Vaping Products Duty begins
There is now less than a year until the UK Government introduces Vaping Products Duty (VPD) and vaping duty stamps (VDS) on 1 October 2026. VPD, a new excise duty,…
Budget Board must focus on easing the cost of doing business, says IoD
The government’s Budget Board must focus on easing the cost of doing business, says the Institute of Directors (IoD). The board has been created to link top ministers and 10…
End of content
End of content
